Analytics 19.10

EUR / USD

Currency pair Euro Dollar EUR / USD this morning was trading in the range of $ 1.1450-60, remaining near yesterday's low. The euro managed to finally consolidate below the MA 200 H1 moving average line. Bears fully own the initiative. In this case, while the pair is below the MA, it is better to stick to the southern direction, and look at the new euro sales versus the formation of a correction, following the general downtrend on the 4-hour chart of September 24.

Currency pair Pound Dollar GBP / USD, was trading in the range of $ 1.3015-25 this morning, remaining at yesterday's low. The Briton was able to finally gain a foothold below the line of the moving average MA 200 H1. At the moment, the pound remains under pressure and full control of the bears. In this case, while the pair is below the MA, it is better to stick to the southern direction, and look at the new sales of the British currency against the US dollar for the formation of a correction.

Currency pair Dollar Yen USD / JPY rose to Y112.40, recovering from yesterday's low. At the moment, USD / JPY continues to adjust to the general trend and is testing the MA 200 H1 moving average line. It is worth noting that globally the pair remains in general downtrend. In such a situation, it will be logical to look closely at the sales of the pair at the end of the corrective movement.